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From Sona Comstar to Ambanis: Top legacy battles of corporate India’s billionaire families

An increasingly bitter inheritance dispute at the Rs 30,000 crore-valued Sona Comstar Group has brought late industrialist Sunjay Kapur’s family into the spotlight. Kapur’s mother, Rani Kapur, has accused unnamed individuals of attempting to wrest control of the family-run business. In a letter, Rani alleged that she had been locked in a room and forced

HDFC Bank vs. Kotak vs. Axis: A head-to-head battle of the Q1 bank results

Leading private sector banks like HDFC Bank had earlier reported an improved performance in the June 2025 quarter and investors were keenly awaiting the results of Kotak Mahindra Bank. The Kotak Mahindra Bank stock ended Friday’s trade 0.8 % lower at Rs 2,125 and it is not too far from its 52-week high of Rs

Biometric payments possible for e-commerce transactions on these cards in India: No OTP, just fingerprint or face ID

Federal Bank, in collaboration with fintech partners M2P and MinkasuPay, has introduced India’s first-ever biometric authentication solution for e-commerce card transactions, according to an official statement. With this solution, customers can now authenticate online purchases using just a touch or a look — their Fingerprint or Face ID. This solution not only enhances security but

Nestle India Q1FY26: Profit drops by 13.4%, Manish Tiwari to succeed Narayanan as CEO

FMCG major, Nestle India reported a 13.4 per cent fall in consolidated net profit for the June 2025 quarter at Rs 646.59 crore compared to Rs 746.6 crore in the same period last year. The drop was mainly due to higher commodity prices and increased operating costs, the company said in its regulatory filing. Here

Tough Thursday: Nifty slips to early July lows around 25,000, Sensex slips 540 points- 5 key highlights

Indian equity markets closed the session on a lower note. The Nifty 50 closed the session 150 points lower, below 25,100, and the Sensex ended the day 540 points or 0.66% points lower at 82,180. Analysts called the sell-off a profit booking.  The Nifty Bank settled almost 145 points lower at 57,066. In line with

AIS mismatch in ITR filing? Here’s how to fix it as per income tax dept guidelines

Over 1.62 crore taxpayers have so far filed their income tax returns (ITRs) this assessment year (AY2025-26). The Income Tax Department website shows that as many as 1.13 crore verified ITRs have been processed by the department. Comparing this year’s data with last year’s over 9 crore ITRs, it can be said that more than

Zee Q1FY26: Net profit up 22 per cent, ad revenue down

Zee Entertainment Enterprises reported a 22 per cent increase in consolidated net profit at Rs 143.7 crore in the first quarter ended June 30, 2025, on the back of improved network viewership, healthy performance of its digital segment and lower expenses. On Tuesday, July 22, the company had posted a consolidated net profit of Rs

Is UltraTech Cement a Buy after strong Q1? 3 reasons brokerages predict up to 15% upside

UltraTech Cement has reported strong quarterly numbers in Q1FY26. The brokerages have a positive stance on the stock following the results. Except for Nuvama, which raised the target price by 15%, brokerages maintained their rating on the stock. Here’s a detailed analysis of what brokerages said about UltraTech Cement. Nuvama on UltraTech Cement: Raised target

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Centre to allow immediate pension benefits on voluntary retirement under UPS? Here’s what govt assured

When the Unified Pension Scheme (UPS) was announced as an option in place of the National Pension System (NPS) for around 24 lakh central government employees, employee unions and experts flagged multiple issues in the scheme. One of the issues they raised pertained to the denial of pension benefits till actual superannuation on voluntary retirement

India adds 3.8 GW solar open-access capacity in H1 2025

India added 3.8 gigawatt (GW) of solar open access capacity in the first half of the calendar year 2025, down over 4% from 3.9 GW added in the first half of 2024, as per data from Mercom.  In the second quarter of 2025, the country added 2.7 GW of solar open access capacity.  ALSO READOrder

GST cut, peak season ahead: Why all eyes are on cement stocks like UltraTech

Cement stocks are once again on Dalal Street investors’ radars with the monsoon season expected to get over the next 2-3 weeks and peak construction activity expected to restart in most parts of the country.  Also, with the government recently announcing that GST on cement industry would shortly fall to 18% from 28%, and lower

8th Pay Commission big update: Centre assures early constitution of 8th CPC – Here’s what central employees should expect

8th Pay Commission latest update: In a relief for over 1 crore central government employees and pensioners, the Centre has said it is “actively consulting” state governments on the 8th Pay Commission matter and an announcement can be expected soon with regard to the constitution of the panel. A delegation from the Government Employees National

Govt readies Rs 13,000-crore incentive plan for construction equipment sector

The ministry of heavy industries (MHI) has proposed a Rs 13,000-crore incentive scheme for the construction equipment sector with the aim of strengthening domestic manufacturing and reducing import dependence. The scheme is under discussion with key ministries and is expected to be taken up for Cabinet approval in the coming months, officials told Fe. ALSO